Mettler-Toledo International Inc. (MTD Quick QuoteMTD - Free Report) was a big mover last session, as the company saw its shares rise almost 7% on the day. The upside was driven by the company’s better-than-expected quarterly results and improved guidance for 2017. This also led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $414.52 to $435.50 in the past one-month time frame.

In the last 30 days, the company has seen three upward estimate revisions but the Zacks Consensus Estimate moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.       

Mettler-Toledo International currently carries a Zacks Rank #3 (Hold).

Mettler-Toledo International, Inc. Price

 

Mettler-Toledo International, Inc. Price | Mettler-Toledo International, Inc. Quote

A better-ranked stock from the broader Computer and Technology sector is Applied Optoelectronics, Inc. (AAOI Quick QuoteAAOI - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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